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Mon, July 16, 2018 | 15:46

Opinion > Editorial >

The U.S. Federal Reserve raised its benchmark interest rate by 0.25 percentage points to a range of 1.75 to 2 percent Wednesday. It was the first time in a decade that the Fed bumped up its benchmark interest rate to the 2 percent range. The U.S. central bank signaled two more similar increases are on the way within this year.

Editorial | 2018-06-15 17:11

Fall of conservatives

The June 13 elections can be summed up as the crushing fall of conservative politics. The main opposition Liberty Korea Party (LKP) managed to win only two out of the 17 governor and mayoral posts in the local elections, while the ruling Democratic Party of Korea (DPK) took 14 and Won Hee-ryong took Jeju governor's post as an independent. In addition, the ruling party also took 11 out of 12 National Assembly seats in by-elections.

Editorial | 2018-06-14 17:04

Rise of 'IoT zombies'

Cyberattacks on IoT devices are becoming more intelligent and sophisticated than ever. These attacks no longer remain at the simple level of hacking IoT devices but have led to the emergence of malicious IoT viruses that paralyze entire networks and turn them into “zombie PCs.”

Editorial | 2018-06-14 16:20

'Giving away too much'

U.S. President Donald Trump and North Korean leader Kim Jong-un took a significant first step toward starting a peace process during their historic summit in Singapore, Tuesday. It is meaningful that they committed to establishing a new relationship between their countries and building a lasting peace regime on the Korean Peninsula.

Editorial | 2018-06-13 19:55

Unions should return to talks

The nation's two umbrella unions have been boycotting any dialogue with the government and management about the minimum wage. Their action is to protest an amendment to a law, which they claim is disadvantageous to workers.

Editorial | 2018-06-13 16:19

New start for peace

The first U.S.-North Korea summit in Singapore Tuesday raised expectations for new relations between the foes of the 1950-53 Korean War and the peace process for the Korean Peninsula. U.S. President Donald Trump said his meeting with North Korean leader Kim Jong-un “went better than anybody could have expected.”

Editorial | 2018-06-12 17:14

Korea loses ISD case

The Korean government has lost a legal dispute with an Iranian company over the latter's abortive takeover of Daewoo Electronics in 2011, officials said last week.

Editorial | 2018-06-12 16:20

'Talks of the century'

U.S. President Donald Trump and North Korean leader Kim Jong-un will sit together for a historic summit in Singapore tomorrow. The two leaders are certainly under great pressure to make the “talks of the century” a success.

Editorial | 2018-06-11 16:50

Symbol of democracy

The nation commemorated Sunday the 31st anniversary of the June 10, 1987, pro-democracy uprising against the then Chun Doo-hwan government's dictatorship that eventually led to a historic constitutional amendment for the direct presidential election system.

Editorial | 2018-06-11 16:20

Asia-Europe rail link

Korea became a full member of the Organization for Cooperation between Railways (OSJD) last week after three failed attempts due to North Korea's opposition. Consisting of 28 countries including China, Russia and North Korea, the OSJD is an international organization for coordinating rail transport between Asia and Europe founded in 1956.

Editorial | 2018-06-10 17:24

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